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Property profile & analytics
OFF-MARKET
Office buildings
1230 Mason Ct Webberville, MI 48892-9021
Entity Owned
3-yr Hold
Free & Clear
Property ID
US43-1917984
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
1,024 SF
Lot
2.2 ac (95,832 SF)
APN
33-43-08-10-400-034
UPID
US43-1917984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Primitiv Retail LLC · 3 yrs held
Primitiv Retail LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Webberville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Webberville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$518,700
Assessed 2023
Previous assessed
$514,800
+0.8% YoY
Assessed land
$58,200
Assessed improvement
$460,500
Land market value
$116,400
Improvement market value
$921,000
Total market value
$1,037,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Heating
YES
Buildings
2
Total area
1,024 SF
Lot
2.2 ac (95,832 SF)
APN
33-43-08-10-400-034
UPID
US43-1917984
Jurisdiction
INGHAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Heating
YES
Buildings
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Primitiv Retail LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1230 E MASON CT FL, WEBBERVILLE, MI 48892-9021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2023
—
Primitiv Retail LLC
1230 Mason Court LLC
Lease
—
Dec 5, 2017
$7,095,000
1230 Mason Court LLC
M Todd Ents LLC
Trustees Deed
$3,000,000 · Calvin JR Johnson
Oct 5, 2015
—
M Todd Ents LLC
—
Trustees Deed
related
$2,023,000 · Bank Of America
Feb 14, 2012
$150,000
Leo Savoie
Sheriff Of Ingham County
Trustees Deed
related
—
Feb 4, 2009
$150,000
M Todd Ents LLC
Mason,robert C & Brenda M
Warranty Deed
$400,000 · Bank Of America
Feb 4, 2009
$350,000
M Todd Ents LLC
Mason,robert C & Brenda M
Warranty Deed
—
Feb 4, 2009
—
Robert C Mason
Masons Dev Co LLC
Quit Claim Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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